Mike & Bernadine Nielsen

Mike: 604-315-3151 |

Bernadine: 604-619-2063 |

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How Much Should You Budget for Home Maintenance? If you own a car, you know there’s more to the cost-of-ownership than just finance payments and gas. You also need to budget for maintenance and repairs. If your car is older, those costs are going to be higher. That’s just common sense. The same is true of your home. It’s wise to budget for anticipated repairs and maintenance. Otherwise, you might be caught by surprise when you find that your furnace stops working and needs to be replaced. That can easily be a four-figure expense. Experts recommend that you set aside 1% of the value of your home for repairs and maintenance. For a $500,000 property, for example, that would be $5,000. That is, of course, merely a rule of thumb. If your home is older, you may need to budget more. Another recommended method is to budget $1 a square foot. If you have a 2,500 square foot home, that would be a budget of $2,500. Again, that number would need to be higher for older properties. When budgeting, consider things that are getting old and will likely need to be replaced within the next three years. Examples include roof shingles, furnace, A/C unit, deck, fence, plumbing, and windows. Depending on the size and model, a new A/C unit will cost at least $5,000. Anticipating that expense will help you plan accordingly and avoid the shock of an unpleasant and costly surprise. Keep in mind that budgeting $2,000 for repairs and maintenance doesn’t mean you’ll actually spend that money this year. But, if needed, the budget will be there, and that’s peace-of-mind.
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Will the neighbourhood go up in value? When you purchase a home, you’re hoping it will continually go up in value — just like a good investment. However, there’s something else that you want to see go up in value as well: the neighbourhood. In fact, the neighbourhood plays a key role in what the home will be worth in years to come. If the neighbourhood goes down in terms of desirability, so will the market value of the home. That’s why, when shopping for a new home, it’s important to get a feel for the value of the neighbourhood, and whether or not it’s on the upswing. How do you do that? One way is to simply take a walk. Look at the properties. Are they well maintained? Is the landscaping groomed and attractive? Those are signs of “pride of ownership” — a clear indication that owners value their homes and the neighbourhood. Another way is to do some research. Has crime gone up in the neighbourhood? Are there improvements planned, such as new parks? Is the neighbourhood attracting the kind of people you want as neighbours? How does the neighbourhood school rank? Some of this information may be difficult to get on your own. A good REALTOR® can help you. Call today.
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Should You Sell First and Buy Later? Or Vice-Versa? When you’re thinking of selling your home and buying another, you face the inevitable question: Should I list my property first or buy my new home first? Let’s take a look at both options. If you attempt to buy a property before listing your home, you run into a couple of challenges. First, sellers may not take you seriously as a potential buyer. After all, you haven’t put your own home up for sale. As far as they’re concerned, you might merely be testing the market. Second, your property might not sell as quickly as you thought it would. If there is an early closing date on the home you purchased, you might end up owning, and paying a mortgage on both properties, at least until your home sells. If, on the other hand, you list your property before buying a new home, sellers will know you’re serious. That puts you in a competitive position in the event of multiple offers. Also, if your home sells quickly, you’ll have the peace-of-mind of knowing exactly how much of a new home you can afford. You’ll be able to shop with confidence. Of course, like the first option, there is a chance that the closing dates won’t match and you’ll end up owning two properties for a period of time. However, solutions such as bridge financing are available to help. So, there is no perfect answer. A lot depends on the state of the local market. Looking for a good REALTOR® who can help you decide which is the best move for you? Call today.
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Will the neighbourhood go up in value? When you purchase a home, you’re hoping it will continually go up in value — just like a good investment. However, there’s something else that you want to see go up in value as well: the neighbourhood. In fact, the neighbourhood plays a key role in what the home will be worth in years to come. If the neighbourhood goes down in terms of desirability, so will the market value of the home. That’s why, when shopping for a new home, it’s important to get a feel for the value of the neighbourhood, and whether or not it’s on the upswing. How do you do that? One way is to simply take a walk. Look at the properties. Are they well maintained? Is the landscaping groomed and attractive? Those are signs of “pride of ownership” — a clear indication that owners value their homes and the neighbourhood. Another way is to do some research. Has crime gone up in the neighbourhood? Are there improvements planned, such as new parks? Is the neighbourhood attracting the kind of people you want as neighbours? How does the neighbourhood school rank? Some of this information may be difficult to get on your own. A good REALTOR® can help you. Call today.
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Upgrades That Hold Their Value:  Do you have a renovation project in mind – and wonder how much value it will add to your home? Remodeling Magazine recently did a study of renovation projects, comparing costs to added value. Here are some of the results: Replacing a main entry door has a return on investment of over 95%. After all, the entrance to a home is one of the first things a prospective buyer notices. Adding a new deck also adds a lot of value. Depending on the materials used, you can expect to get back three-quarters of the money invested. Another high-payback project is the garage door. This once again demonstrates the importance of a home’s “curb appeal.” If you’re tackling a big project, such as a basement renovation, you’ll be glad to know that, according to the study, a project like this adds a lot of value. Finally, minor improvements to bathrooms and kitchens – such as adding new countertops or cupboards, can also be good investments that mostly pay back when you sell your home. Of course, these figures are averages and can vary widely depending on location, type of property, and other factors. Need help determining how a particular home improvement might impact the selling price? Call today
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“Closing Day” Terminology:
You Need To Know Closing day is an exciting time. After all, you’re moving into your new home! However, it can be stressful as well. The last thing you need is to be confronted with something you don’t understand. So here is a quick list of common “closing day” terms. • Disbursements. This is the allocation of funds to the appropriate parties, such as the seller. Your lawyer will take care of this for you. • Possession. This is the moment on closing day when you are legally able to take possession of your new home. It’s usually when your REALTOR® or lawyer hands you the keys. • Title. This is a legal document that identifies the property and its owner. • Closing costs. These are expenses, excluding the selling cost of the property, that are due on closing day, such as legal fees, reimbursement for pre-paid utilities, utility deposits, insurance, and taxes. • Closing adjustments. These are expenses pre-paid by the seller that need to be reimbursed on closing. There may be other terms you come across on closing day as well. Don’t worry, a good REALTOR® can help make the day go smoothly for you and your family. Looking for a good REALTOR®? Call today.
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How to Help Sell Your Home Quickly Usually when you list your home, you would prefer to sell it quickly. It’s like being the first one served at a crowded ice cream parlour. It’s satisfying. However, sometimes there’s more to it than that. There may be a truly urgent reason why you need to find a buyer for your property as soon as possible, such as a sudden job relocation. If that’s the case, it’s important to explain your situation to your REALTOR®, who will be able to put together an action plan for selling your home quickly and for the best price possible. During that conversation, ask what you can do to help the process along. For example, you may be able to: • Spread the word to your friends and other connections on Facebook. • Canvass your neighbours and tell them about your listing. • Stage your home so that it’s more attractive to prospective buyers. When it comes to price, be prepared to be flexible. That doesn’t mean you must settle for a price far below your home’s market value. However, you do need to be prepared to accept a good offer rather than try to hold out for a great one. Also be open to as many viewings and open houses as possible. Having many prospective buyers come through your home within a short period of time may be a little inconvenient, but the payoff might be an offer! Finally, work with your REALTOR®. A good REALTOR® will know the local market well and have many ideas for selling your property fast. Looking for a good REALTOR® like that? Call today.
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Easy-to Miss Home Security Tips for Your Vacation :

If you’re relaxing on a Caribbean beach, or enjoying a bus tour through historic Paris, the last thing you want to worry about is your home. Most people know the basics of keeping a home secure while away. Here are some additional tips that are easy to miss: • Tell your kids not to boast about your fabulous vacation plans, especially on social media. The fewer who know that the house will be empty, the better. • Ask a neighbour to pick up any mail and flyers dropped at your doorstep. But don’t rely on that alone. Also call the newspaper and post office to temporarily halt delivery. • You can buy timers to automatically turn lights on and off. However, most will stop working if the power goes out and restart with the incorrect time when the power comes back on. That’s why you should keep at least a couple of lights turned on continuously, and not connected to timers. • If you’re leaving in the evening, or before dawn, don’t forget to open the blinds.

Closed blinds during the day are a dead giveaway that the owners are away. Finally, experts recommend creating a home security checklist, so you don’t forget anything. That will give you peace-of-mind.
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Do you sometimes review the real estate ads in your local paper? Do you drive by an open house sign and feel the urge to stop and check it out? Those are common indications that, at least on some level, you’re thinking about the possibility of making a move.

But how do you decide if you should actually move?

The first step is to consider whether there are any practical reasons to consider buying a new home. What’s pushing you in that direction?

  • Is your current home too small for your needs?
  • Is the commute to work, for you or your spouse, too long? (Perhaps longer than you expected when you purchased the home?)
  • Are there property features you would now like to have, such as a larger backyard or a more spacious kitchen?
  • Has the neighbourhood changed in an undesirable way?
  • Do you have personal reasons for wanting to move, such as a desire to be closer to relatives in another area?

Carefully consider those things that can’t change unless you move. For example, if a major highway was recently built near you, the ongoing sound of traffic isn’t going to go away. It’s now part of the neighbourhood.

If there are no practical reasons for moving, there may still be other reasons for wanting a new home. You may want to move your family to a better neighbourhood, with better schools or you may simply want a bigger home, with a larger backyard, more rooms, and a wider driveway.

There’s absolutely nothing wrong with simply wanting a better place than the one you have now. In fact, that is a common reason why many people make a move.

The point is, if you’ve been thinking about a new home for a while, perhaps now is the time to take the next step. A good REALTOR® can help you understand your options.

Looking for a good REALTOR®? Call today.

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consider these tips:
• Bathrooms are an obvious source of moisture build-up. Contractor
and TV personality Mike Holmes recommends keeping the fan going
for at least a half hour after a shower.
• Check regularly for water infiltration around window and door sills, as
well as other intakes into the home, such as dryer vents and cable
wiring.
• Determine the humidity level in your home. According to the
Environmental Protection Agency, it should be 30-60%. (Keep in
mind that humidity may vary greatly from room to room.)
• Regularly inspect caulking around sinks, tubs and showers. Even a
tiny break can cause water to leak gradually into the wall or floor,
causing damage you may not notice for months.
• Clean up wet spills as soon as possible. On hardwood floors
especially, water can seep through and become trapped.
• Repair leaking faucets, toilets and pipes immediately. A drip can
quickly become a shower.
Being mindful of moisture today can help you avoid potentially high repair
bills later on.
Avoiding moisture problems in the home: 
There are many hidden sources of moisture in your home that can lead to
serious problems, such as mould. To keep moisture levels in check,
consider these tips:
• Bathrooms are an obvious source of moisture build-up. Contractor and TV personality Mike Holmes recommends keeping the fan going for at least a half hour after a shower.• Check regularly for water infiltration around window and door sills, as well as other intakes into the home, such as dryer vents and cable wiring.• Determine the humidity level in your home. According to the Environmental Protection Agency, it should be 30-60%. (Keep in mind that humidity may vary greatly from room to room.)• Regularly inspect caulking around sinks, tubs and showers. Even a tiny break can cause water to leak gradually into the wall or floor,causing damage you may not notice for months.• Clean up wet spills as soon as possible. On hardwood floors especially, water can seep through and become trapped.• Repair leaking faucets, toilets and pipes immediately. A drip canquickly become a shower. Being mindful of moisture today can help you avoid potentially high repair bills later on.
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How Much of a New Home Can You Afford? If you’re thinking of shopping for a new home, one of the first considerations is price range. You want to know what you can reasonably afford. How do you figure that out? First of all, you need to determine the initial out-of-pocket costs you will need to cover. There are often more costs associated with purchasing a home than its actual price. You need to take into account such additional expenses as moving costs, legal fees, and a home inspection, not to mention the costs of prepping your current property for sale. Experts say you should budget 5-10% above the purchase price for these items. So if you can afford to spend $470K on a new home, you should be shopping in the $425-445K range. Another factor to consider are the potential proceeds from the sale of your current home. Your REALTOR® can help you determine how much your property will likely sell for in today’s market. Any existing mortgage will need to be subtracted from that amount to determine how much cash will be left. Of course, you should speak to a mortgage broker or lender who can compute how much of a mortgage you qualify for. Remember, qualifying for a big mortgage doesn’t necessarily mean you should have one. You also need to consider your personal finances and desired lifestyle – and whether or not having a large mortgage is a good idea for you. Once you have gathered all of your information, you can add any potential sale proceeds to the amount of mortgage you qualify for, add other sources of cash available for this purpose and subtract 5-10% for initial expenses, and you’ll have an idea of the price range you should be considering. Finally, it’s important to take the time to decide what kind of home you want. Do you want a large backyard with trees? A quiet, family-oriented neighbourhood? Four bedrooms and a finished basement? Once you decide what you want most in a new home, it becomes much easier to find one that’s in your price range.
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Clean up Tips for Balconies and Patios

Spring is a great time to repair or restore outdoor surfaces and furniture from damage caused by rust, rot, bird droppings, mould, mildew, etc. Not only does deterioration look unsightly, it can also be unhealthy and dangerous. For example, algae, mould and lichens can trigger allergies, and make wood surfaces, decks, patios and balconies very slippery. You can clean them with a chemical agent (but always test first) or scrub them with a brush and a homemade environmentally friendly solution made of vinegar or lemon juice. To clean vinyl furniture, try a mild detergent/water formula. For metal furniture and railings, use a wire brush to remove rust and paint chips, then coat with a primer before touching up with rust paint
.
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Deciding on the discretionary move:
Sometimes we don't have much choice about selling our home and buying another. Circumstances, such as a job relocation, may have made that choice for us. However, most often the decision to move is discretionary. Sometimes people move simply because they think it's a good idea. They feel that "now" is the right time to find their next dream home. So how do you make that kind of decision? There are, of course, many reasons to make a discretionary move. Usually, those reasons fall into one of two categories: need and want. You may need to find a new home, for example, because you've outgrown your current property. Perhaps you have a growing family and require more space. Maybe you're doing more entertaining and need a larger backyard with a more spacious deck. It could be that the commute to work is arduous and you need to move to a place that's closer. Those "needs" may motivate you to move, but sometimes a "want" plays an important role, too. For example, you may want to live in a quieter neighbourhood or in a newly built home that requires less maintenance. Maybe you simply want a change. If you're thinking of making a move, take a moment to write down a list of your needs and wants. Seeing them on paper will help make the decision easier. Looking for expert help? Call today.
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Many of us don’t give a second thought to hiring housekeeping, house-sitting, or dog-walking services and often turn over our keys to these “strangers” so they can have easy access to our homes. Have you ever stopped to consider the risks? You could be liable if one of these workers is injured in your home while completing job duties. Alternatively, your pet could become injured due to neglectful behaviour by its sitter. You may even be in a position where you suspect that something valuable is missing from your home, but have no recourse for recovering it or receiving compensation. To avoid such possibilities, experts recommend that homeowners hire such services from a professional, registered business, that can verify the extent of its liability coverage, either through the company’s insurance policy or in accordance with an agreed-upon contract that relieves you of certain liabilities. At the very least, ask that your hire is bonded to protect you, and check with your home insurance policy to ensure that you are protected as well.
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Types of lighting for the home, You probably don't think buying a lighting fixture for a room is all that complicated. It isn't. However, it does require you to consider which types of lighting you may need. According to the Lighting Association, there are three types: 1. General lighting. By far the most common, this is the type of lighting that is designed to create a functional brightness that spreads throughout a room. A good example is a main ceiling light. 2. Task lighting. As the name implies, this type provides extra light needed for a specific task, such as working at a desk or chopping onions on a kitchen countertop. A bedside lamp used for reading is another example of task lighting. 3. Accent lighting. This type is designed to set off a particular feature of a room, such as a painting. It creates some practical light, but its main purpose is to add to the overall decor. When choosing lighting for a room, it's important to consider these three types. First, decide how best to light the space generally. Then think about any special lighting you might need for specific functions, such as reading. Finally, consider how accent lighting might add to the overall look.
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Deciding on the discretionary move:  Sometimes we don't have much choice about selling our home and buying another. Circumstances, such as a job relocation, may have made that choice for us. However, most often the decision to move is discretionary. Sometimes people move simply because they think it's a good idea. They feel that "now" is the right time to find their next dream home. So how do you make that kind of decision? There are, of course, many reasons to make a discretionary move. Usually, those reasons fall into one of two categories: need and want. You may need to find a new home, for example, because you've out grown your current property. Perhaps you have a growing family and require more space. Maybe you're doing more entertaining and need a larger backyard with a more spacious deck. It could be that the commute to work is arduous and you need to move to a place that's closer. Those "needs" may motivate you to move, but sometimes a "want" plays an important role, too. For example, you may want to live in a quieter neighbourhood or in a newly built home that requires less maintenance. Maybe you simply want a change. If you're thinking of making a move, take a moment to write down a list of your needs and wants. Seeing them on paper will help make the decision easier. Looking for expert help? Call today.
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One of the best things you can do to ensure you get the home you want is to arrange for financing before you go shopping. This is often referred to as getting “pre-approved”.

Getting pre-approved simply means that your lender has calculated how much of a mortgage they’re willing to offer you, depending on your down payment and current financial situation.

There are two advantages to having a pre-approved mortgage. First, you know exactly what you can afford when shopping for a new home. Second, when you make an offer, you’re likely to be taken more seriously.

 

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Avoiding unwelcome guests
There are unwelcome guests that most homeowners dread. They come into
your house, eat, sleep, make a mess, and never leave willingly. Each one
has at least six legs and sometimes flies.
They are, of course, insects. They’ve been freeloading in homes since
homes were invented. Here are some practical ways to keep these
unwelcome guests out:
• Find out how they got in. Look for gaps around windows and doors,
and cracks in the basement. If you find a spider web, there's likely an
insect entryway nearby.
• Watch out for standing water near the foundation of your home. Make
sure rain gutters drain water well away.
• Eliminate clutter. Insects love warm, cluttered, moist areas.
• Check the seal around dryer vents and other vents, pipes and cable
wires going through the wall. Reseal if necessary.
• Rinse recyclables before putting them into a bag or bin. Few things
are more tempting to a bug than the dark, moist, sweet insides of an
un-rinsed pop can.
If you do end up with a serious insect problem, call a professional
exterminator. 
Avoiding unwelcome guests:  There are unwelcome guests that most homeowners dread. They come into your house, eat, sleep, make a mess, and never leave willingly. Each one has at least six legs and sometimes flies.They are, of course, insects. They’ve been free loading in homes since homes were invented. Here are some practical ways to keep these unwelcome guests out:• Find out how they got in. Look for gaps around windows and doors,and cracks in the basement. If you find a spider web, there's likely an insect entry way nearby.• Watch out for standing water near the foundation of your home. Makesure rain gutters drain water well away.• Eliminate clutter. Insects love warm, cluttered, moist areas.• Check the seal around dryer vents and other vents, pipes and cable wires going through the wall. Reseal if necessary.• Rinse recyclables before putting them into a bag or bin. Few things are more tempting to a bug than the dark, moist, sweet insides of a nun-rinsed pop can. If you do end up with a serious insect problem, call a professional exterminator. 
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Your home at a glance
Have you ever driven up to a restaurant and your first impression was
disappointing? Perhaps the windows looked dark and gloomy, the façade
was worn and unattractive or for some other reason it just didn't look like a
tempting place to eat.
It could still be a fantastic restaurant – a real gem. But, your first impression
has soured your anticipation. If you still walk through the front door, it will
likely be with the expectation of being disappointed.
This scenario often plays out in the real estate market as well.
A buyer drives up to a home for sale and quickly forms an impression based
on what he sees "from the curb". That's why you'll hear real estate experts
talk about the importance of "curb appeal". It's one of the most important
selling points of a property.
If you plan to put your home on the market, you obviously want your home
to look as attractive as possible from the street. Fortunately, there are many
simple things you can do to improve curb appeal.
For example, you can trim shrubs and hedges, plant flowers, clean the
walkway and driveway, paint the front door and garage door, and clean the
exteriors of the windows. All these projects are relatively easy and
inexpensive. Yet, each can make a dramatic improvement to how your
home looks at first glance.
Don't be like the great restaurant that’s hidden behind an unkept façade.
Make sure your curb appeal reflects the overall value of your property.
Looking for more advice on selling your home quickly and for the best price?
Call today.
Have you ever driven up to a restaurant and your first impression was disappointing? Perhaps the windows looked dark and gloomy, the façade was worn and unattractive or for some other reason it just didn't look like atempting place to eat. It could still be a fantastic restaurant – a real gem. But, your first impression has soured your anticipation. If you still walk through the front door, it will likely be with the expectation of being disappointed.This scenario often plays out in the real estate market as well.A buyer drives up to a home for sale and quickly forms an impression based on what he sees "from the curb". That's why you'll hear real estate experts talk about the importance of "curb appeal". It's one of the most important selling points of a property.If you plan to put your home on the market, you obviously want your home to look as attractive as possible from the street. Fortunately, there are many simple things you can do to improve curb appeal.For example, you can trim shrubs and hedges, plant flowers, clean the walkway and driveway, paint the front door and garage door, and clean the exteriors of the windows. All these projects are relatively easy and inexpensive. Yet, each can make a dramatic improvement to how your home looks at first glance.Don't be like the great restaurant that’s hidden behind an unkept façade.Make sure your curb appeal reflects the overall value of your property.Looking for more advice on selling your home quickly and for the best price?Call today.
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Being Safe about Chemicals in Your Home
You would have to visit your local pharmacy or science lab to rival the
number of potentially dangerous chemicals in the average home. You likely
store everything from fertilizers and acidic cleaners to gasoline and
corrosive drain openers.
Obviously, it makes sense to ensure that everyone in your home uses and
stores such items safely.
For example, laundry detergent packs – which have become popular
recently – are attractive to children. Keep them locked and out of sight. You
should do the same with all laundry products. Even exposure to fabric
softener pads can cause skin irritation to a child.
Always read and follow the labels on household chemical products. Use and
store them as directed.
Keep corrosives, such as harsh cleaners and drain openers, separate from
other chemicals and in a place where, should they leak, they will cause
minimal or no damage.
Also, never put a chemical in anything other than its original container. You
don’t want to take the chance that paint thinner stored in an old water bottle,
for example, is mistaken for water!
Finally, make sure you have the phone number to your local Poison Control
Center in a handy place, such as your fridge door. (You can find a list of
numbers at www.CAPCC.ca in Canada and www.AAPCC.org in the U.S.)
Being Safe about Chemicals in Your Home You would have to visit your local pharmacy or science lab to rival the number of potentially dangerous chemicals in the average home. You likely store everything from fertilizers and acidic cleaners to gasoline and corrosive drain openers.Obviously, it makes sense to ensure that everyone in your home uses and stores such items safely.For example, laundry detergent packs – which have become popular recently – are attractive to children. Keep them locked and out of sight. You should do the same with all laundry products. Even exposure to fabric softener pads can cause skin irritation to a child.Always read and follow the labels on household chemical products. Use and store them as directed.Keep corrosives, such as harsh cleaners and drain openers, separate from other chemicals and in a place where, should they leak, they will cause minimal or no damage.Also, never put a chemical in anything other than its original container. You don’t want to take the chance that paint thinner stored in an old water bottle,for example, is mistaken for water!Finally, make sure you have the phone number to your local Poison Control Center in a handy place, such as your fridge door. (You can find a list ofnumbers at www.CAPCC.ca in Canada and www.AAPCC.org in the U.S.)
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